GEOG 216 Chapter Notes -Multinational Corporation, Eclectic Paradigm, Deskilling
5 Dec 2012
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Document Summary
Mncs connect different places in increasing complex international divisions of labour. It is through mncs organizational spaces that the more tangible and material economic geographies of the global economy are organized. Multinationals operate in more than one country but are geographically embedded in particular places. Fdi: a measure of international flows of investment within firms. The sotck of outward fdi from the period 1914- late 1970"s marks the decline of the uk and the rise of the us. Us and the uk are the leading source countries for fdi. Old international division of labour: investment in developing counties for resource and raw material extraction. Now there are greater investment flows between developed countries fdi more linked to manufacturing plants (western europe) The ultimate aim of realizing surplus value or profit. Spatial fix (harvey) market access (accounts for the largest share of fdi) cheaper supplies. Due to protectionism, asian companies shifted to setting up overseas plants.
